Global Industry Classification Standard
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 10 sectors, 24 industry groups, 67 industries and 156 sub-industries [1]into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benchmark), a classification structure maintained by FTSE Group.
GICS is used as a basis for S&P and MSCI financial market indexes in which each company is assigned to a sub-industry, and to a corresponding industry, industry group and sector, according to the definition of its principal business activity.
"GICS" is a registered trademark of McGraw Hill Financial and MSCI Inc.[2][3]
Sector and industry group classification[4]
| Code | Sector | Subcode | Industry Groups |
|---|---|---|---|
| 10 | Energy | 1010 | Energy |
| 15 | Materials | 1510 | Materials |
| 20 | Industrials | 2010 | Capital Goods |
| 2020 | Commercial & Professional Services | ||
| 2030 | Transportation | ||
| 25 | Consumer Discretionary | 2510 | Automobiles & Components |
| 2520 | Consumer Durables & Apparel | ||
| 2530 | Consumer Services | ||
| 2540 | Media | ||
| 2550 | Retailing | ||
| 30 | Consumer Staples | 3010 | Food & Staples Retailing |
| 3020 | Food, Beverage & Tobacco | ||
| 3030 | Household & Personal Products | ||
| 35 | Health Care | 3510 | Health Care Equipment & Services |
| 3520 | Pharmaceuticals, Biotechnology & Life Sciences | ||
| 40 | Financials | 4010 | Banks |
| 4020 | Diversified Financials | ||
| 4030 | Insurance | ||
| 4040 | Real Estate | ||
| 45 | Information Technology | 4510 | Software & Services |
| 4520 | Technology Hardware & Equipment | ||
| 4530 | Semiconductors & Semiconductor Equipment | ||
| 50 | Telecommunication Services | 5010 | Telecommunication Services |
| 55 | Utilities | 5510 | Utilities |
Revisions
The classification is continuously updated by S&P Dow Jones Indices and MSCI.[5] In November 2014 they proposed to introduce a new sector for real estate, as well as adding a new sub-industry for copper, both to be effective on August 31, 2016.[6]
See also
- Industry Classification Benchmark
- North American Industry Classification System
- Standard Industrial Classification
- International Standard Industrial Classification
- Thomson Reuters Business Classification
References
- ↑ • http://www.msci.com/resources/factsheets/MSCI_Global_Industry_Classification_Standard.pdf
- ↑ "MSCI-Barra GICS Tables". Retrieved 2013-02-10.
- ↑ "MSCI-Barra GICS Sector Definitions" (PDF). Retrieved 2013-02-10.
- ↑ http://www.msci.com/products/indexes/sector/gics/gics_structure.html
- ↑ http://www.msci.com/resources/pdfs/GICS_Consultation2015.pdf
- ↑ http://www.msci.com/resources/pressreleases/GICS%20Press%20Release%2010%20Nov%202014.pdf